Description

Too often, when an entrepreneur wants to retire, the process involves these steps - 

1. Get an average of earnings before interest, depreciation, taxes, and amortization.
2. Shoot for five times that figure, but be happy if you get at least three times that figure.
3. Sign the legal docs, get the check.
4. Begin retirement.
5. Pray you got it right.

We think that is reckless. It completely ignores where the real value is in the business you and your team have built.

In this episode of The Exit Row Podcast, we take a look at three valuable ideas - 

• Value drivers
• Competitive advantages
• Moats

So, listen to this episode and get some ideas that can help you keep from leaving change on the table when you exit your business into retirement.

Here are links to a three-part series I did on the economic moat - 

• https://www.linkedin.com/pulse/your-business-castle-dont-forget-moat-frank-warren-mba/
• https://www.linkedin.com/pulse/your-business-castle-dont-forget-moat-part-2-frank-warren-mba/
• https://www.linkedin.com/pulse/your-business-castle-dont-forget-moat-part-3-frank-warren-mba/

#exitplanning #competitiveadvantage #economicmoats #valuedrivers